Do Stocks Always Win In The Long-Term?
January 19, 2021 at 12:58 PM EST
Retail sales in December were weak as headline growth was -0.7% and core growth was -1.9% (both monthly). Headline yearly growth, excluding food services, fell from 6.5% to 6.3%. However, sales growth, including food services, fell from 3.7% to 2.9%.